# Rivers Electrical Corporation 401(k) Plan
Source: https://planprovider.pro/companies/rivers-electrical-corporation-401k-plan

> Rivers Electrical Corporation&#39;s 401(k) plan: 74 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Rivers Electrical Corporation

- **Sponsor EIN:** 043130104

- **Sponsor Address:** 87 CRESCENT ROAD, NEEDHAM, MA, 02494

- **Plan Type:** 401(k)

- **Total Participants:** 74

- **Total Assets:** $12.7M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|74|$12.7M|$331,824|$501,856|

| 2023|67|$10.2M|$313,511|$465,463|

| 2022|88|$7.9M|$305,821|$480,439|

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